$QQQ Has Reached It’s Upside Target
The post above lays out my expectation for when the market will pullback. It hit that zone today. If we are still in a stage 4 decline, the rejection of the market should start tomorrow or early next week. This will confirm a lower high which is still in a bearish trend.
I know everyone is now bullish, but it’s wayyyyyy too early to be bullish. $SPY and $QQQ are still in considerable downtrends on the weekly.
Definitely watching this for the rest of the week.